Federal Reserve Risk: Will the Economy Survive the Aggressive Monetary Tightening?
Washington, DC – Despite the Federal Reserve’s aggressive monetary tightening over the past two years, the global economy has managed to stay upright, surprising many observers. While high US interest rates have led to some areas of discomfort, there hasn’t been the systemic issues that have historically derailed economic expansions. The Fed has maintained its policy rate at 5.25% to 5.5% for about a year and is expected to keep it unchanged at the upcoming …